Learning about cryptocurrency tends to follow clear phases; Learn Crypto applies this phased approach in structuring our content around the basics of cryptocurrency.
By now you should have learned what cryptocurrency is and does, then hopefully followed its development and understood different ideas about how and where it will grow, as well its limitations.
The next stage zooms out from the function and development of cryptocurrency to look at ways of measuring how successful it is at achieving its objectives – the macro phase.
When your thinking changes in this way – from micro to macro level – it can enable you to start thinking more critically about whether cryptocurrency is having a meaningful impact, using hard data rather than hype.
Understanding how to measure the health of a given cryptocurrency project may then convince you that you want to invest more time, money or even your career in pursuing a project, or conversely, that it is just an idea with no meaningful user base.
This kind of thinking is how investors evaluate long term opportunities and is described as Fundamental Analysis. We explain more about its specific relationship to speculation in our section on how to trade cryptocurrency.
Leave a Reply